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|15 November, 2018

ADNOC's In-Country Value initiative aims to boost Abu Dhabi's GDP, says ADDED Chairman

ICV also contributes to human resources development through creation of employment opportunities

ABU DHABI- Saif Mohamed Al Hajeri, Chairman of Abu Dhabi Department of Economic Development, ADDED, has said that ADNOC’s In-Country Value (ICV) initiative aims to boost Abu Dhabi's GDP through increased expenditure on local goods and services.

Speaking on the sidelines of the ADNOC’s 3rd annual Business Partnership Forum today, Al Hajeri said, "ICV also contributes to human resources development through creation of employment opportunities for UAE national graduates and increases investment in local assets.

In line with ADNOC Strategy 2030, the ICV programme promotes cooperation with local and foreign companies with the aim of enhancing their contribution to value creation and unceasing the use of local goods and services."

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